Statutes, codes, and regulations
Texas Codes
LOCAL GOVERNMENT CODETitle 12 - PLANNING AND DEVELOPMENTSubtitle C1 - ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENTChapter 501 - PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS
Subchapter D - CORPORATE POWERS AND LIMITATIONS RELATING TO PROJECTS
Section 501.162 - Use of Tax Revenue for Job Training

Tex. Loc. Gov't Code § 501.162

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 501.162 - Use of Tax Revenue for Job Training

A corporation may spend tax revenue received under this subtitle for job training offered through a business enterprise only if the business enterprise has committed in writing to:

(1) create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or
(2) increase its payroll to pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.

Tex. Loc. Gov't. Code § 501.162

Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.